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Showing 481 - 490 of 1804 results for "Bill 2014"

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
"The heat is on, the heat is on, the heat is on Oh it's on the street, the heat is on..." - Glenn Frey Oh yes, Virginia, the Reserve Bank better deliver a cut in interest rates when its board meets next week (June 4) or there'll be a lot of ...

Industry fund appoints board director

KANIKA SOOD  |  MONDAY, 27 MAY 2019
A $3 billion industry superannuation fund has appointed to its board as a long-standing director retires after more than 25 years. Robyn Burns has joined the board of First Super. She will replace First Super veteran Allan Stewart who plans to stand ...

Industry fund appoints inaugural CIO

KANIKA SOOD  |  WEDNESDAY, 22 MAY 2019
A $7.8 billion industry superannuation fund has hired from VicSuper as it creates a chief investment officer role. Energy Super's investments were previously headed by Bill Graus as the general manager, investments. He left the fund in February ...

Industry responds to election outcome

ELIZABETH MCARTHUR  |  MONDAY, 20 MAY 2019
The financial services industry has welcomed the surprise Coalition victory, viewing the result as business as usual. In a shock result to many, the Coalition defeated Bill Shorten's Labor Party in the Federal election over the weekend. In response ...

Aberdeen Standard hires ESG investment director

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2019
Aberdeen Standard Investments recruited Local Government Super's former responsible investment lead as its ESG investment director. Bill Hartnett will relocate to London to support ASI's emerging markets and Asia-Pacific team in the newly created ...

CBA remediation bill crosses $2bn

KANIKA SOOD  |  MONDAY, 13 MAY 2019
Commonwealth Bank has seen $714 million added to its remediation bill, pushing its total to date over $2.17 billion. The third quarter addition was flagged by CBA in company filings this morning. So far, CBA has spent or provisioned $534 million on ...

NAB, Nippon lock heads over MLC

KARREN VERGARA  |  THURSDAY, 2 MAY 2019
The National Australia Bank is clashing with Nippon Life about spinning off MLC as a standalone entity, admitting it is amid "disputing" contractual obligations. NAB revealed in its March 2019 interim financial results this morning a number of disputes ...

APRA amends member outcomes standard

KARREN VERGARA  |  THURSDAY, 2 MAY 2019
APRA has revised its member outcomes framework to complement the new Bill that passed in April and is now seeking consultation. Following the passage of Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures ...

Westpac reveals Magnitude, Securitor adviser remediation

HARRISON WORLEY  |  WEDNESDAY, 1 MAY 2019
Westpac is set to repay more than 30% of the ongoing advice service fees charged by authorised representatives of Magnitude and Securitor. Westpac announced it would take a $357 million hit to cash earnings in its first half result based on currently ...

Design and distribution law set to impact property funds

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
The Property Funds Association (PFA) has called the alarm on the Government's recent introduction of product design and distribution obligations that are set to impact unlisted property funds. PFA says that the new legislation could result in fewer ...